Light Up Sustainable Fashion | Bosiden Releases ESG Strategy And Carbon Goals To Help Global Climate Governance

In Baku, the capital of Azerbaijan, the 29th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP29) is in full swing, drawing a new picture of global climate governance. This grand event focusing on global climate change has attracted the attention of countries all over the world, and has also set up a broad stage for enterprises to practice the concept of sustainable development.

On November 12, the global enterprises jointly building the green "Belt and Road" and the theme activity of the first Yabuli Annual Conference on Sustainable Development was held in Baku. Gao Dekang, chairman of the Chamber of Commerce for Textile and Garment Industry of All China Federation of Industry and Commerce, chairman and president of Bosiden Group, attended the annual meeting in the form of video conference and delivered a speech on Bosiden's ESG strategy and carbon goals with the theme of "consumer orientation, leading sustainable fashion". Chen Hao, Director of the Office of the Board of Directors and Director of Capital Market of Bosiden Group, made an on-site interpretation and exchange.

(Gao Dekang, Chairman of the Chamber of Commerce of Textile and Garment Industry of All China Federation of Industry and Commerce, Chairman and President of the Board of Directors of Bosiden Group, made the announcement of Bosiden's ESG strategy and carbon goals)

(Chen Hao, Director of the Office of the Board of Directors and Director of Capital Market of Bosiden Group, made an on-site interpretation)

In 2021, President Xi Jinping proposed to "jointly build a community of human and natural life", providing a Chinese solution for global environmental governance. China's textile and clothing industry has always been an important participant, contributor and promoter of global green development. At the moment when sustainable development has become a global consensus, Bosiden, as a leading brand in China's textile and clothing industry, actively responds to global climate governance, performs the responsibility of demonstration and leadership, and applies the concept of sustainability throughout the entire process of enterprise development, so as to establish a green development model for the industry.

Gao Dekang said - Bosideng takes "carbon peak and carbon neutrality" as the strategic orientation, practices sustainable fashion with long-term principle, accelerates green and low-carbon transformation, explores and practices low-carbon production mode and green consumption mode, minimizes the negative impact on the environment and society in the whole life cycle of products, and extends the sustainable concept to the value chain, Promote the whole fashion industry to create a sustainable future.

Since this year, Bosiden has released the "1+3+X" ESG strategic framework and governance framework, coordinated ESG work along the enterprise value chain, and fully integrated the ESG concept into the enterprise strategy and development practice. It also established the strategic vision of ESG of "consumer orientation, leading sustainable fashion", set the carbon target of "achieving net zero emissions in the operation link by 2038", and planned a clear carbon reduction path for the sustainable development of enterprises. Bosiden integrated the United Nations Sustainable Development Goals (SDGs) into the ESG management practice, promoted corporate governance and practice in key areas such as product pioneer, nature oriented and people-oriented, and gradually integrated the concept of sustainable development into the whole process of enterprise operation and more stakeholders, so as to build the brand's sustainable fashion ability and open innovation ecology.

(Bosden "1+3+X" ESG strategic framework)

In terms of product innovation, Bosiden attaches importance to the concept of environmental protection and sustainable development, integrates technology and fashion perfectly, and provides global consumers with high-quality, healthy, green and safe products and services. From the innovation of thin down jacket, to the launch of high goose down three in one jacket down jacket, to the opening of the era of sunscreen clothing 2.0, every innovation of Bosiden has brought a new experience to consumers, and also set a benchmark for the green development of the industry. In terms of quality assurance, Bosiden strictly controls supplier chemicals, eliminates toxic and harmful substances from the source, and constantly optimizes the product quality inspection system to ensure that every product can meet the high quality standards.

(Create a sustainable fashion community)

In terms of green ecology, Bosiden will implement the concept of carbon reduction in the whole value chain. From responsible raw material procurement to energy conservation and emission reduction in the manufacturing process, to optimization of logistics and transportation, we should coordinate to promote green and low-carbon transformation of the industry, build a sustainable fashion community, and cultivate new momentum and advantages for high-quality development. Bosiden has carried out carbon footprint certification for its core products, participated in the research and development and innovation of various types of bio based fabrics, obtained a number of certifications for high-quality down, built photovoltaic power generation facilities, and set targets for suppliers to improve renewable power. This year, the Alxa Carbon Central Peace Forest (Phase IV) Project was launched to contribute to preventing desertification and protecting the ecological environment.

In addition, in the process of promoting global climate governance, Bosiden has been steadfast and forceful in every step. Posiden actively performed social responsibility public governance, and participated in the industry's joint actions to cope with global climate change, collaborative innovation, energy governance, etc. around sustainable development, carbon peaking and carbon neutrality goals. Participated in the official side meeting of the United Nations Sustainable Development Goals Summit and signed and released the initiative of "Business in Action - Consensus on Sustainable Industry Development", joined the "30 • 60 Carbon Neutralization and Acceleration Plan for Fashion Climate Innovation" launched by the China Textile Industry Federation, and jointly released the "Towards Net Zero Emissions: Research on the High Quality and Low Carbon Transformation Path of the Down Garment Industry" with the China Down Industry Association presentation. And actively respond to the initiative of jointly building the "Belt and Road", extend the brand, business and sustainable fashion concept to many countries and regions along the "Belt and Road", and help jointly build the "Belt and Road" green development. The ESG rating of the enterprise has remained the industry leading "A" level for many years, and the sustainable practice has been selected into the S&P Global Yearbook of Sustainable Development (China Version) 2024.

To cope with climate change, we should contribute to the present age and benefit from the future. Bosiden adheres to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, the direction of the UN's sustainable development goals, plays a leading role in brand and green first responsibility, speeds up the development of new quality productivity, and creates world-class enterprises and global leading brands. On the stage of COP29, we will be the leader of sustainable fashion and the practitioner of global climate governance, enhance exchanges and cooperation with global enterprises, share experiences and achievements of sustainable development, and contribute Bosideng's wisdom and strength to further promote global climate governance and jointly build a green "Belt and Road".